Statiq Joins Hands with Vertelo to Strengthen EV Charging Infrastructure in India

Statiq Joins Hands with Vertelo

December 11, 2024 | New Delhi

In a strategic move to enhance India’s EV charging ecosystem, Statiq, a leading EV charging network operator, has announced a partnership with Vertelo, an e-mobility solutions provider. The collaboration aims to expand charging infrastructure and streamline the EV adoption process across the country.


What Does the Partnership Entail?

  • Turnkey EV Charging Solutions: Statiq will provide end-to-end services, including the supply, installation, and commissioning of EV chargers through EPC (Engineering, Procurement, and Construction) services.
  • Co-Development of Charging Sites: Statiq and Vertelo will work together to create new EV charging locations, ensuring seamless accessibility for users.
  • Technology and Financing Synergy: Statiq brings its expertise in technology and infrastructure, while Vertelo offers robust financing solutions to accelerate infrastructure growth.

Driving Growth and Accessibility

Statiq currently operates over 7,000 chargers in 65 cities, with plans to scale up to 20,000 chargers by 2025. This partnership with Vertelo plays a pivotal role in achieving that target.

  • Urban and Rural Reach: The network spans major cities and smaller towns, ensuring widespread EV adoption.
  • Commitment to Sustainability: “Aligning with Vertelo allows us to expand our reach and offer better service to users, creating a more sustainable and greener future,” said Akshit Bansal, Founder and CEO of Statiq.

Supporting India’s EV Shift

Vertelo CEO Sandeep Gambhir highlighted the importance of robust infrastructure:

“By teaming up with Statiq, we’re ensuring the charging ecosystem is ready to support the smooth transition to electric vehicles.”

This partnership aligns with India’s sustainability goals and is a significant step towards addressing EV charging gaps nationwide.